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Avondale, AZ Real Estate News

By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Distressed properties - those that are "under water" where more is owed on the property than will be available from the proceeds of a sale of the property - are thankfully far fewer than during the crash during the latter years of the previous decade. Still - some do exist - and Short Sales are still a viable option when faced with a "must sell" scenario of an "under water" property. Currently running at less than 3% of the closed transactions every month in our MLS, homeowners in that 3%, whether in Avondale or another part of the valley, can still use our help. The first step is to contact us so we can schedule a complimentary confidential consultation to discuss how the short sale process works, and the considerations for your particular circumstances.   Careful up front planning is ...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While there are far fewer people these days considering a Short Sale of their home in Avondale, there are still some who may have purchased just before the "bust" last decade who may owe significantly more on the home than the proceeds of the sale will bring. What to do? A Short Sale is one such solution. A Short Sale is a "regular resale" with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance(s) owed on the loan(s). Whether or not a homeowner meets the other "requirements" of their lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional with a solid Short Sale track record - we recommend a minimum of 100 closed Short Sales with a 90%+ Short Sale List to Close ratio. Th...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While there are far fewer people these days considering a Short Sale of their home in Avondale, there are still some who may have purchased just before the "bust" last decade who may owe significantly more on the home than the proceeds of the sale will bring. What to do? A Short Sale is one such solution. A Short Sale is a "regular resale" with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance(s) owed on the loan(s). Whether or not a homeowner meets the other "requirements" of their lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional with a solid Short Sale track record - we recommend a minimum of 100 closed Short Sales with a 90%+ Short Sale List to Close ratio. Th...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the numbers of Short Sales and REOs in Avondale are way down from the staggering levels following the market crash about 10 years ago, there are still some properties "under water" and some that have received a Notice of Default, the first step in the process that will result in the Trustee's Sale on the courthouse steps. It's always sad to see people give up and walk away from a home, particularly when alternatives exist which may well be better for them and their lien holders. We've learned that often those who "opt" to let the home go to foreclosure "by default" often believe that their personal circumstances prevent them from doing a Short Sale.   Circumstances such as: Multiple Home Loans IRS Income Tax Liens Past Due Child Support Past Due HOA Fees ...and the list goes on. I...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Although we no longer see the levels of Short Sales that we did a few years ago in Avondale, Notices of Default continue to be issued, meaning that yet another Avondale property is on the path towards foreclosure at auction on the courthouse steps. Suzanne and I wonder why the owners would allow the property to go to foreclosure, rather than investigate alternatives that may be mutually beneficial to themselves and their lenders. Not all properties heading for foreclosure are necessarily "under water" - which theoretically means they could be sold via a "traditional" sale rather than a "short sale" - but circumstances may mean there are other liens attached or other factors that inhibit or prevent the owners from selling the property - whether or not it's a short sale. Short Sales are "...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
  While the Short Sale days of the previous decade are for the most part behind us, the reality is that there are still hundreds of homes "under water" in Arizona.   While it's true that not every property facing foreclosure in Avondale is "under water", may of them are, and unfortunately many homeowners still don't understand that the likelihood is they will be far better off doing a Short Sale of their Avondale home than allowing their Avondale home to be sold at auction on the courthouse steps!    Short Sales are "regular resales" with one big difference.     Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lender...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
  There are still hundreds of homes "under water" in Arizona.   In other words - the homes are worth less than the mortgage balance(s) - so it's not surprising that many homeowners are looking for solutions to stop foreclosure.   One solution to stop foreclosure and mitigate damage to a homeowner's credit is a Short Sale.   Short Sales are "regular resales" with one big difference.     Your lender(s) must agree to accept less than the amount(s) owed on your loan(s).   While there are many details regarding Short Sale Seller financial circumstances and the hardship they face, the bottom line is that most lenders prefer to stop foreclosure in favor of processing a Short Sale where the Seller is able to procure a Fair Market Value contract for their home.   After all, why foreclose on a ho...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
While the number of homes "under water" in Avondale is significantly less than just a few years ago, some homeowners who purchased just before the "crash" that started in 2007 are still in a position where they owe more on their home than will be forthcoming from proceeds of a sale of the home. If you need to sell your home, and you are in this situation, a Short Sale is one solution to this situation. By definition a Short Sale is a regular resale with one distinct and significant difference. The agreement of your lender(s) to accept less than the balance owed on the loan(s). Whether or not you meet the other "requirements" of your lender(s) such as a "valid" hardship can only be determined by consultation with a skilled and experienced professional. There should be no upfront charge f...
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By Mike Tizzano, Full Service Mortgage Bank
(LHM Financial DBA CNN Mortgage)
I know CE Classes can be boring but they're made better when the instructor is strikingly handsome. Unfortunately I don't know of any of those coming up so you might as well come to one that's designed to give you information that can help you get more business- MINE.  We'll cover Alternative loan products, Renovation Loans, Using Reverse Mortgage for Purchases, and Down Payment Assistance Programs.   Class is April 27th At First American Title Avondale from 1-4 pmRSVP to Alicia Olson aolson@firstam.comCourse fee is $10AZDRE approved 3 General Category Continuing Education CreditsInstructor: Michael Tizzano, CNN Mortgage    
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By Cinda Rose, Your Goodyear Area Real Estate Expert!
(Realty ONE Group)
It's hot outside!!  You need a POOL!!Check out this move-in ready 3 bedroom in Avondale with a refreshing salt water Pebbletech POOL!     Search current inventory of Avondale 3 Bedroom Homes with a Pool for Sale. Listing Details  Avondale 3 Bedroom Home with Pool Upland Park 107th Ave and Thomas Rd MLS Number:   3 Bedrooms 2 Bathrooms 1493 SQ FT   Call Cinda Rose at 623-252-9350 for more information and to arrange a showing.   Own a Private Desert Oasis!             Click here to see additional images of 10810 W Windsor Ave.  You're going to love this backyard!  Make it your own private desert oasis.  This home is on a larger lot with a refreshing salt water Pebble Tec pool with waterfall, a relaxing fire pit entertainment area, an extended patio, and 2 grass areas. It is perfect for en...
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By Cinda Rose, Your Goodyear Area Real Estate Expert!
(Realty ONE Group)
Garden Lakes in AvondaleGarden Lakes in Avondale is truly a oasis in the desert.  The community surrounds two lakes and offers beautiful parks and walking paths.  Along with green landscaping and trees, the community offers waterfront properties with lake access.  Several parks allow the perfect spot for residence to sit back and relax while fishing in the stocked lakes.  Garden Lakes Elementeary School and Westview High School are conveniently located in the community.  Garden Lakes was built between 1987 and 1992 and offers homes built by Beazwer, Richmond American, Wimberly, Continental and UDC.  The community has over 1200 homes ranging from 1200 square feet to 3000 square feet.  The entire subdivision is located on just over one square mile of land.  Only 15 minutes away from Phoen...
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By Tony and Suzanne Marriott, Associate Brokers, Coldwell Banker Realty
(Serving the Greater Phoenix and Scottsdale Metropolitan Area)
Avondale Real Estate & Information Avondale is one of Arizona’s fastest growing cities largely due to its mix of natural wildlife, eclectic displays of outdoor art, a new indoor sports center, proximity to major sporting arenas, and the fact that it is a 15 minute drive from Phoenix, where the bustling city life is close enough to visit but far enough to be removed from at the end of the day. Avondale’s population is estimated at about 76,000, based on the 2010 Census, a 107 percent increase since 2000.  That number is expected to grow to 120,000 by 2020 due to positive economic conditions in the town, including incentives that the city government offers to businesses to move there. Avondale Real Estate For Sale Up to $150K $150K to $200K $200K to $250K $250K to $300K $300K to $400K Ove...
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By Mike Tizzano, Protect Your Transaction Certified Lender
(Amerifirst Financial, Inc Equal Housing Oppurtinity Lender AZ BK0013635 NMLS 145368 LO:1015837)
    As I've stated on this platform several times, saving for a down payment in today's world has proven difficult for many otherwise qualified potential home buyers.  Rent prices are historically high and climbing and home values are increasing  while wages remain stagnant.  The amount of time it takes someone to save even 3.5% for a down payment is handicapping a large percentage of first time buyers as well as those wishing to re-enter the market after falling victim to the housing crisis several years ago.    Here in the state of Arizona there are several down payment assistance (DPA) options available and one of the most popular in recent years has been the Maricopa County Home in 5.  Due to some findings by the HUD inspector general that program has changed a little bit but it's s...
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By Mike Tizzano, Protect Your Transaction Certified Lender
(Amerifirst Financial, Inc Equal Housing Oppurtinity Lender AZ BK0013635 NMLS 145368 LO:1015837)
"Down Payment Assistance and the Consumer" will cover many of the down payment assistance programs available to buyers in Maricopa County and other areas of the state.  The main focus will be on Home in 5 and HFA Preferred Home Plus/Home Advantage programs but other programs will be covered. Saving for a down payment is one of the biggest hurdles facing today's potential buyers, learn how you can help them clear that hurdle and gain more business.  This course counts as 3 continuing education credits in the fair housing category.  Course fee $10 (Cash only)  If you'd like to come RSVP to aolson@firstam.com or mtizzano@amerifirst.usLocation:First American Title Avondale10320 W. McDowell Road G-7022Avondale, AZ 85392 
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By Mike Tizzano, Protect Your Transaction Certified Lender
(Amerifirst Financial, Inc Equal Housing Oppurtinity Lender AZ BK0013635 NMLS 145368 LO:1015837)
Coming to Avondale on Thursday 8/27/15 from 1:00-4:00 pm, Down Payment Assistance and the Consumer.  Agents will learn about the different down payment assistance available to help qualified buyers obtain home ownership.  We all know with rent at record levels and wages remaining stagnant that saving for a down payment is one of the biggest hurdles potential new home buyers face.  Be armed with the knowledge to offer solutions to this problem while also satisfying 3 Fair Housing Credits.  $10 Cash at the door.  Register by clicking here! Space is limited.
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By Art Welch, Broker
(Superstars Realty)
Superstar 4 Bedroom 3 Bath HUD Home in Avondale. This is a Superstar 4 Bedroom 3 Bath HUD Home in Avondale for entertaining with room for the whole family. There are not two, but three separate living spaces in this Superstar 4 Bedroom 3 Bath HUD Home in Avondale with a separate living room and family room downstairs and a loft upstairs. The kitchen in this Superstar 4 Bedroom 3 Bath HUD Home in Avondale is open with lovely tile flooring. Up the stairs of this Superstar 4 Bedroom 3 Bath HUD Home in Avondale you will find 4 spacious bedrooms, each with plenty of closet space and a walk in closet in the master suite. The covered patio outside the Superstar 4 Bedroom 3 Bath HUD Home in Avondale can easily be transformed into an extended outdoor living space to enjoy our gorgeous AZ morning...
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By Cinda Rose, Your Goodyear Area Real Estate Expert!
(Realty ONE Group)
The small community of Coldwater Springs is located west of Phoenix off of the I-10 freeway providing easy access to all of the Phoenix metro area.  This popular subdivision is built around the Coldwater Golf Club providing great golf course lots and views for the residents.Coldwater Golf Club offers a Forrest Richardson designed 18-hole championship golf course that will challenge players of all skill levels.  As the Coldwater Golf Club website states, the course features "elevated tees, deep swales and cascading fairways that create rolling terrain and dramatic, undulating golf holes that break the mold of most West Valley Phoenix golf courses."  A few of the holes offer great mountain views. Search for Coldwater golf course lot homes for sale. Coldwater Springs offers walking paths a...
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By The Valley Solutions Real Estate Team, Number 1 Producing Team at HomeSmart Nationwide
(HomeSmart)
Arizona among best states in country for 1st time home buyers!It's not hard to be a home owner in Arizona...check out the graph and see that Arizona is among best states in country for 1st time home buyers.That is because of the low entry point of homes, low taxes and interest rates that have remained low for several years now!There are down payment assistance programs available to help 1st time homebuyers with up to $14,999to help with down payment and closing costs.   Military Veterans and active duty with a certificate of eligibility can buy homes with a VA loan with zero down payment required and if they qualify for the down payment assistance (based on 80% of median income in Maricopa County by family size), the money can go towards helping qualify to buy more home.  Check out this...
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By Cinda Rose, Your Goodyear Area Real Estate Expert!
(Realty ONE Group)
Avondale, Arizona Avondale is located west of Phoenix near Goodyear and Litchfield Park, commonly known as the tri-city area.  Avondale is rich in history and has evolved into a city with many great communities and amenities.  The City of Avondale does a great job of providing events and services to the residents of Avondale.  It is now a modern city located close to Phoenix but nestled at the base of the scenic Estrella Mountains, where the Agua Fria and Gila Rivers meet providing beautiful mountain views. Avondale Area Attractions:  Phoenix International Raceway (hosts NASCAR races two times a year) Estrella Mountain Regional Park (hiking, biking, wildlife viewing, playground, horse stables, golf) Friendship Park (updated in 2016, added a splash pad and more) Coldwater Golf Course Ann...
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By Art Welch, Broker
(Superstars Realty)
Sweet 4 Bedroom 3 Bath HUD Home in Avondale. This Sweet 4 Bedroom 3 Bath HUD Home in Avondale has open floorplan is bright and inviting with wood floors and a 2 story family room. The large kitchen in this Sweet 4 Bedroom 3 Bath HUD Home in Avondale has oak cabinets, tons of counter space and a built in desk. The master bath in this Sweet 4 Bedroom 3 Bath HUD Home in Avondale has double sinks and a soaking tub. This Sweet 4 Bedroom 3 Bath HUD Home in Avondale has a Large backyard oasis with relaxing pool. Don't miss out on this Sweet 4 Bedroom 3 Bath HUD Home in Avondale  and this great opportunity.  11195 W HOLLY ST Avondale, Az 85392 Sweet 4 Bedroom 3 Bath HUD Home in Avondale Price : $173,000.00 Bedrooms : 4 Bathrooms : 3.00 Square Foot : 1,795 Lot Size : 4,950 sq.ft. County : Marico...
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